Debit card linked to operating account

January 30, 2017 no comments

Debit card linked to operating account

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Dean L. Surkin

What’s the best practice for recording payments I make with a debit card that’s linked to my operating account? In PCLaw, I treated these payments as checks, using a different numbering sequence from my paper checks. In CosmoLex, is it better to show them as Wire/ACH with the subcategory Other? Or does it simply not matter?

Esther Peralta answered
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    Esther Peralta

    Hi Dean,

    Thank you for your message! While we have a debit card option for Wire/Ach-In, it seems it is not available for Wire/Ach-Out. Thank you for the suggestion, our developers are working on adding this.

    In the meantime, please feel free to post it under the option that makes you most comfortable under Wire/Ach-out. “Other” is just fine. If you notate it well, you can always come back and change the method once we’ve added the option to the list.

    Thank you!

    -Esther

    Esther Peralta answered
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